For the first time in STEEM blockchain history, we managed to do more than 1.5 million transactions on average for a week!
Wow! that is amazing!
This is of course more than any other blockchain out there but what's even more impressive is that it only took 0.13% load on the network.
source: http://blocktivity.info/
Steem price and SBD are both looking solid at the moment. STEEM is around $5 and SBD around $7.
Personally, I'm doing three things with these prices.
I bought STEEM with SBD. (1.5 STEEM per SBD).
I'm keeping some SBD to see how it develops. (hopefully higher, but that's not a given)
I sold SBD for fiat. (diversifying)
I personally love the high SBD price because it makes it easier to afford stuff.
For @blockbrothers, for instance, it's a lot easier to pay for servers (or put money aside now for future expenses) and pay the Android developer, that will create Steemify Android for us, with it.
I talk about it more in my vlog.
I am a witness with our developer group @blockbrothers for the Steem blockchain. If you want to support us I would appreciate your vote here.
We build Steemify a notification app for your Steemit account for iOS.
Get it Here:
▶️ DTube
▶️ IPFS
what a beast of a blockchain that is! Can you imagen what loads it can handle! terrific! I do the same with my sbd's lolz :)
I am more excited about the only. 13% load which is really good for the growth of steemit.
I am sure we gonna have a really good year for steem.
Yeah, those numbers are impressive!
Yes, really they are.
What if we could overtake the bitcoin or youtube market? It is going to be really really great time.
This unraveling to see Steem so robust and the scability is no match.
I am all Steem
Yea all Steem business
The Steem tx/cap is of the charts!
How many tx/day do you expect on the Steem blockchain 6 months after the release of the SMT's?
It’s kinda confusing to me. Which is better 50% power 50 % SBD automatically or take curation 100% SBD sell it in exchange - buy steem—> transfer to wallet —> then Lowe up. The question here since the SBD is better to sell in exchange, is it still worthy to do the above regardless of the exchange fees and withdrawal and transaction fees???
2- second question: if you want to buy steem power: should you buy SBD from exchange directly and do the wallet transfer and powering up? Or buying steem ( from exchange vs from wallet) and powering up ??
I'm always doing 50/50 because I like the flexibility it provides. When I change SBD to STEEM I use the internal market here.
If steem dollar is expensive in exchange and good to sell, this means at the same moment if you wanna buy steem dollar will be better to use the internal market? That was the core of my second question. I try to calculate it ( to buy steem dollar but math is not my best talent 😃
yup great news bro that steem n sbd both are again increasing 😊😊😋
Yes, Wow. The price is not reflecting this at all.
@exyle Everything that you post is so good for helping everyone to understand how great the STEEM Blockchain is. I know that so many people are going to benefit from being on STEEMIT and I can see lately where people are starting to get interested because they are hearing it from their friends how well they are doing just by being apart of it. I will listen now to your DTube.
Excellent news, my friend and the fact that in a week absolutely such a large number of transactions can only please us and inspire great optimism in the future of our ecosystem as a whole! Your distribution of Steem and SBD assets is completely logical and justified, you are doing the right thing, that is, you invest a part in development, and spend part of it on life, this is the optimal scheme! Thank you Mark and keep us informed of what's happening!
It's nice to hear that you can easily afford the servers with just SBD, maybe in the future you will make enough profits so that you can focus on developing even more stuff for the blockchain.
Wow great post friend,very exited news. I feel very happy as if I am flying in the sky. Everything is okay now and things will be great in near future, hoping to rise price high in the moon. Thanks, happy steeming.
Indeed what other project can weekly make so many transactions on the average. When more people join It will probably be higher :)
Amazing developments for steem.. what Will be end 2018?
Excellent video my friend and it's great to see that steem blockchain is handling 1.5m tx per day with ease and this shows how much depth steem blockchain has, steem blockchain is no doubt so unique and innovative and it has so many cool functions and features that are missing in other blockchain technologies and more good to see steem and sbd are constantly moving in the uptrend and the way steem blockchain is growing i hope we soon see atleast 10$ steem, thanks for sharing very nice thoughts and information with us, Stay blessed.
I love the high SBD price, but the higher Steem gets the lower SBD (should) becomes. This way it gives some Steem to keep and collect, and at the same time spend SBD to invest into other crypto's.
The higher STEEM gets the higher the payouts and the more SBD will be created. Logic suggests that it should come down but then again there is an outside force (the market) that might have other plans.
Exactly. The market can only keep it up for so long though...
Its impressive to see steem waxing strong .
I have also adopted 2 of your to do list:
Good to see the transformation, selling SBD for fiat. When I noticed SBD is high and steem a little low I converted some SBD to Steem n powered up.
Bye the way I upvoted blockbrothers before commenting here. :)
Thanks for your vote for the witness!
Finally this paltform is growing . Yesterday I saw someone that had an order for selling 57,000 Steem , WOW
STEEM is absolutely amazing. I hope many more people will discover the great features this blockchain has soon. Your videos spead the word so very valuable for STEEM and the STEEM ecosystem.
Have you hired the android developer already or still looking for one?
We found one.
Thanks for the information! Hope you enjoy getting rid of the Christmas Tree someday very soon.
It is indeed a great sunday, I turned 30! SBD reaches 8$+ And Dutch weather let's me get outside and enjoy the fresh weather.I really enjoy your informative vlogs! Have a great Sunday too!
Congratulations!
Thank you sir. Wanted to ask if you would know any channels (discord, telegram etc.) for dutch steemians?
the blockvity stats are interesting enough that i don't need to say a single word i think too much awesomeness in one post
Diversify into fiat? That isn't something you hear very often in the crypto realm. While many of us would love to believe the blockchain will be the end-all be-all of the world it's important to remember that a huge portion of the world has zero interest in what we find so interesting and promising.
Taking profits is never a bad thing, thanks for being honest that you are doing so.
I have been diversifying into fiat for a while. I feel that I'm overexposed in crypto. I talked about it in previous posts too. Taking profit is indeed never a bad thing. I always recommend that.
You are one of the few that actually talks about this issue. It's one reason I make sure to read your posts daily and watch so many of your vlogs. To many in the crypto space give horrible advice when it comes to the investment side of crypto. Sames goes for those on the other side of the fence saying crypto is to volatile and should be completely avoided.
Those that sell stocks tend to push for all money to be in stocks and call it diversified if you are in different sectors, those that believe in crypto tend to feel spreading across different crypto makes you diversified, those that believe in commodities feel you are diversified if you are in different classes of commodities (food, oil, metals).
The key is there are across the market crashed in all types of investing. Being truly diversitfied requires many different types of investments. Owning real estate, gold/silver, stocks, and crypto is a good starting point. Then within each category you invest in you need to be diversified also.
Anyways thanks again for being a voice of reason and using your position as someone who has a large following to share this useful advice.
Always entusiastic, realistic and informative! Your laid back "fireside chat" style is a welcome contrast to some other over the top presenters!
Thank you man, appreciate that!
Wow 1.5 million transactions finally completed and only usage of 0.13% of total capacity just can't believe it the stats are rocking and shocking because eth and btc are about to get clogged up soon....thanks that we have steem :D
@exyle,
I also convert my SBD to STEEM! Need to collect more STEEM before the SMT launch!
Cheers~
STEEM Blockchain is the best. Regarding SBD, recently there was a huge buy wall for it. The value for order was more than $300,000. The market decide about price:).
Nice" story my dear friend @exyle & thank you so much for sharing with us. have a nice day.
This was very informative, i wish u all the with any project creation that will improve steemit performance as a platform
Your post has been a source of relief and serving as shock absorber. I read your posts daily and it makes me trust more and more in the blockchain @exyle. I made those 3 moves too.
The SBD and steem at this high prices is great because allows for bigger rewards and a better distribution of the reward pool :)
Damn Steem, breaking records and not even breaking a sweat!
Its like festival on steemit when sbd price are high
Upvoted & followed
Sangat bagus informasinya.
2018 will be an exciting year for STEEM!
STEEM is going to viral like a wildfire. Days of other social media websites or blogging websites are outnumbered! Very soon we will see a traffic shift from other websites to steemit, dtube, dsound etc. Let's see how it turns out for early adopters of this blockchain.
Cheers.
Sir help me please, this vote my akun @ahyalfazari
Those are some nice statistics. Glad that steem is doing great :)
Nice post!!
What are the benefits of steem block chain?
Its been nice to see the increase in activity in the steem and steem dollars
but we have to see how steemit platform can control the inflationary impact on the crypto currency
frequently people compare the steemit platform with the facebook, however there is a major difference, compartively lower number people visit facebook for earning, and most of the people just to hangout and share thier expierence, while most of the people here at steemit like to earn
so how will this inflation be curtailed, plus very few people consume the actual content posted on steemit
very stricit policies should be in place to curtail spaming and posting plagrized content, additionally the lapse between two upvotes or comments could be increased as now body could read an article in three seconds
please share your views on how to increase the future viabilty of the platform
The 0.13% capacity really makes me smile. I check blocktivity from time to time and love seeing Steem at the top with the most transactions and lowest capacity. Let's say Steem explodes in transactions such that it reaches 100%. How would Steem be able to scale even further?
Thank's for the information.
I think the SBD will be $ 10.
@exyle
Good information.Thanks for sharing it.
Amazing post.Thanks a lot for sharing it
Thanks for sharing
@exyle Everything that you post is so good
keep going
UPVOTE and REESTEMED ♥
How much can it handle?
I am very happy after see this. Very nice information @exyle. Resteemed!